Xin Shida disclosed its 2026 semi-annual report on August 28. In the first half of the year, total operating revenue reached 1.891 billion yuan, up 15.00 percent year on year, but net profit attributable to the parent company showed a loss of 11.2771 million yuan, compared with a profit of 1.8654 million yuan in the same period last year. Net profit after deducting non-recurring items was a loss of 33.5505 million yuan, compared with a loss of 15.6881 million yuan a year earlier. Net cash flow from operating activities was negative 26.8393 million yuan, versus 43.9907 million yuan in the prior-year period. During the reporting period, basic earnings per share were negative 0.017 yuan, and the weighted average return on equity was negative 0.90 percent. The company's main businesses cover elevator control products and systems, robotics products and systems, and general control and drive products and systems.
Shanghai STEP Electric CorpNet profit turned to a loss of 11.28 million yuan from a profit of 1.87 million yuan year-on-year.
